The Naga Group AG (XTER:N4G) Accounts Payable & Accrued Expense : €2.04 Mil (As of Jun. 2023)

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What is The Naga Group AG Accounts Payable & Accrued Expense?

The Naga Group AG's quarterly accounts payable & accrued expense increased from Jun. 2022 (€1.93 Mil) to Dec. 2022 (€4.00 Mil) but then declined from Dec. 2022 (€4.00 Mil) to Jun. 2023 (€2.04 Mil).

The Naga Group AG's annual accounts payable & accrued expense increased from Dec. 2020 (€1.11 Mil) to Dec. 2021 (€4.29 Mil) but then declined from Dec. 2021 (€4.29 Mil) to Dec. 2022 (€4.00 Mil).

The Naga Group AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for The Naga Group AG's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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The Naga Group AG Accounts Payable & Accrued Expense Chart

The Naga Group AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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1.90

2.28

1.11

4.29

4.00

The Naga Group AG Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial										2.03	4.29	1.93	4.00	2.04

The Naga Group AG Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

The Naga Group AG (XTER:N4G) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N4G:Germany N4G:Germany N4G:Germany

Address

Hohe Bleichen 12, Hamburg, DEU, 20354

Website

https://www.naga.com

The Naga Group AG develops and markets disruptive applications in financial technology. Its products include NAGA Trader, NAGA Brokers, NAGA Virtual, NAGA Wallet, and NAGA Markets to trade with an EU licensed brokerage company. Its core business is an online brokerage and generates revenue from the same.

Executives

Qiang Liu	Supervisory Board
Harald Patt	Supervisory Board
Benjamin Jakub Bilski	Board of Directors
Michalis Mylonas	Board of Directors
Andreas Luecke	Board of Directors
Hans-jochen Lorenzen	Supervisory Board

The Naga Group AG (XTER:N4G) Headlines

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